Summary Buen Provecho Nutrition Services LLC (BPN) provides virtual nutritional services to patients and corporate customers in Puerto Rico and the United States. Our services include: Nutrition Consults for patients, preparation of Nutrition Labeling for new products and Certified Menus for educational and care taking Institutions. Problem/Opportunity In a fast-growing Clinical Nutrition Market we identified that Hispanic health is often shaped by factors such as Language/Cultural barriers and lack of Access to Nutrition Services. Contact Information Catherine A. Pimentel Hernández Andrés M. Pérez Concepción 787-579-1036 | 787-585-2765 [email protected] Parque Central 508 B Calle Juan J. Jiménez Apt # 3 San Juan, Puerto Rico 00918 Industry Nutrition Services Development Stage Revenue Year Founded 2018 Number of Employees 2 Full-time Existing Investors none Other Funding none Partnerships none Current monthly burn rate $ 6,180 Monthly recurring revenues $ 15,000 on average Solution/Product Our solution is providing the Hispanic community Virtual Nutrition Services using a HIPAA compliant platform that ensures Access and effective communication between patients, customers and our Bilingual Registered Dietitians (RDNs). Competition/Market Size/Target Market Our competition are Health Clinics, Nutrition Coaches and Private Practices Nutritionists. The U.S. Clinical Nutrition Market Size was valued over $11.2 billion in 2019 and it’s expected to grow at a 7.1% CAGR to 2026. Our target market is Hispanics living in P.R. and the U.S. who have access to either a computer, tablet, smartphone, and internet. Revenue Model/Cost Structure We have two business models for two types of Revenue Streams: 1. Nutrition Consults. For this service we have two types of clients (with and without Health Insurance). Insurance companies pay dietitian’s providers an average of $113 for Initial Consults and $56 for the follow up sessions. The uninsured clients pay $90 for the Initial Consults and $45 for the follow up sessions. 2. Corporate Services: Nutrition Labeling and Certified Menus. The price for these services varies from $175-300 per Nutrition Labeling and $400-850 per Certified Menu. All our services are provided by RDNs with an average wage of $20/hr. Execution Plan/Go to Market Strategy 2021- Build Alliances with at least 2 physicians, health clinics or other health care professionals, restaurant chains and other food related industries, become a provider for all P.R. Health Insurance companies and create awareness. Marketing efforts on social media platforms and search engines. 2022- Develop our own Bilingual app and software, begin recruitment process, 5 Dietitians Employed. 2023- 10 Dietitians Employed, begin exportation plan execution, licenses and certifications, and become a provider for major U.S. Health Insurance companies. 2024- 15 Dietitians Employed and Export professional nutrition services virtually, from Puerto Rican dietitians to the Hispanic population in the U.S. starting with Florida. Actual Financial Performance 2022 2023 2024 180,000 1,084,800 2,169,600 3,252,400 COGS ($) / COS ($) 1,080 4,080 7,080 10,080 Gross Profit 178,920 1,080,720 2,162,520 3,342,320 Operating expenses ($) 73,380 274,980 481,740 691,224 Net profit ($) 105,540 805,740 1,680,780 2,551,096 Total revenues ($) 2021 Forecast Team/Relevant Experience Catherine Pimentel- Co-Founder, MS, RDN, LND, ServSafe and HIPAA Certified Andrés Pérez- Co-Founder, Executive Director, ServSafe and HIPAA Certified
